SIX has agreed a deal with FundGuard, the SaaS investment accounting platform provider, to deliver global pricing, market and reference data to asset managers, asset owners, and asset servicers. The deal integrates SIX’s end-of-day market prices, core security master data and corporate actions notifications, offering access to clients using FundGuard’s IBOR, ABOR and NAV contingency…
Category: Headlines
U.S. Bancorp invests in Ownera
U.S. Bancorp has joined Ownera’s Series A investment round. Ownera is a fintech working on an interoperability network for tokenized assets. Ownera aims to digitise private markets, allowing banks, asset managers and exchanges to route assets more efficiently. Other participants in the funding round include J.P. Morgan. In 2021 U.S. Bank invested in Lumint and…
Broadridge hires from BNY Mellon
Broadridge Financial Solutions has appointed Wout Kalis as head of Asia Pacific for Broadridge Asset Management Solutions. Kalis will be responsible for advancing Broadridge’s strategic asset management priorities in Asia, driving revenue growth and product expansion. He will oversee day-to-day operations and provide senior asset management leadership in the region. Most recently, he was regional…
Leadenhall appoints Waystone
Waystone, the Ireland-based administrator, has been selected as the debt fund investment administrator for Leadenhall Capital Partners’ life and alternative credit strategies. Leadenhall was launched in 2008 and currently manages c. USD5.5bn across a range of strategies including life and non-life insurance linked securities, as well as alternative private credit. Waystone will be providing investment…
Formidium launches consulting service
Formidium, a U.S.-based provider of fund services and back-office technology solutions, has launched Razor State Consulting. Razor State addresses back-office pain points by providing businesses with financial accounting and operations support. Razor State’s services fall broadly under two categories: accounting and services for fund management companies (ManCo services), and corporate accounting and services for pre-IPO…
CACEIS wins Ireland ETF mandate
CACEIS has been appointed by Investlinx Investment Management to provide depositary, custody, fund administration and execution services for Investlinx ICAV, a recently launched Irish UCITS ETF. The Investlinx ICAV will also deploy CACEIS’ ETF solutions and tools, including TEEPI ETF, a dedicated AP order portal.
Altum hires Helena Morrissey as chair
Altum Group, a C.I.-based provider of fund, corporate, and family office solutions, has appointed Baroness Helena Morrissey DBE as its new group chair. Morrissey, a well-known figure in the investment management industry, has served in several leadership roles throughout her career, including 15 years as CEO of Newton Investment Management. She is currently chair of…
SS&C hires Euan Mcleod
Euan Mcleod has joined SS&C as head of transfer agency for Asia Pacific. He previously spent 10 years at State Street in Hong Kong.
Ultimus supports funds transition
Ultimus Fund Solutions has supported the transition of the James Advantage Funds’ fund administration functions from another provider. James Investment Research, the adviser to the James Advantage Funds, selected Ultimus as the fund administrator for its four mutual funds. Ultimus is now providing services encompassing financial administration, legal administration, fund accounting, transfer agent, and distribution.
BNPP wins EUR1.3bn Dutch mandate
BNP Paribas’s securities services business has been mandated by Coöperatie Univé U.A., based in the Netherlands, to provide investment and financial administration, regulatory reporting and global custody services for its EUR1.3bn (USD1.4bn) of global assets. Univé is a cooperative insurance company offering auto, home and health insurances to its 1.6 million members.